Most Forex pairs at the moment are trading sideways and are not showing clear trends, so it is important that traders have good range trading skills and are good at identifying price flip levels. Without the crucial skill of being able to pick out the key price flip levels, it can be hard for …
NZDCAD Fires Off Pin Bar on 3 Day Chart | 1 May 2014
The NZDCAD has fired off a pin bar on the 3 day price action chart after price had been consolidating and winding up. Price has been in an extended and obvious up-trend in this pair with price in recent times making a huge leg higher with not many rotations lower back into value areas. Price …
EURAUD Fires Off Rejection Candle at Resistance at Round Number | 30th April 14
Price on the EURAUD has rejected the Very Big Round Number (VBRN) of 1.5000, with price firing off a rejection candle on the daily price action chart. This very big round number has been a key support and resistance price flip level in the past where price has flipped and acted as both support and …
